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Search Results 0 to 34 of about 35 (some duplicates have been removed)
the monarchy targeted by a growing phone hacking scandal in britain, details on the growing investigation at 10:30.  >>> monitoring metro tonight and some good news for metro riders. there's a new escalator rolling into the foggy bottom station, but it's the first time in over a decade the transit agency has installed a new one. fox 5's wisdom martin shows us why this is such a significant development to riders. >> reporter: at the foggy bottom metro having a working escalator is a big deal. >> it's working. that's awesome. that's an exciting thing. >> yes. glad to have the escalators work. >> reporter: having a brand-new escalator is an even bigger deal. >> it was kind of cool to have it, you know, something new for us. i mean we pay a lot of money to ride the metro, so i figured it would help us out, but i don't think a lot of people knew it. >> reporter: it's the first brand-new escalator in the entire metro system in more than 15 years. >> you don't think people will get excited about something like this. it's an escalator, but for people at foggy bottom who have dealt with this day in, da
of the probe of allegations of criminal misconduct by news corp., and a sign that britain's scandal is truly becoming an america reality. for the latest, i'm joined by martin fletcher in london. martin, david cameron says that the murdochs will have, and i'm quoting him, questions to answer. so that must mean that they may be dragged back to westminster. is that right? >> well, absolutely. you know, this is the accusations that are still rather published by the two former executives and by the way, they are not just former executi executives, but one was a executive of the firm and one was a top lawyer of the firm, and they say they had given james information when he was in charge of the committee, and so if it is proven that james murdoch was in possession of the information when he told the parliament committee that he had not been in possession of the information, that is serious indeed. much bigger problems to comen than what we have seen already. >> indeed. rupert has returned home to america. >> potentially. >> and it seems that the scandal has followed him because the justice departm
with models on the cover of magazines. now britain is taking a stand. advertising watchdogs in the u.k. have pulled two l'oreal magazine ads, one with julia roberts, another with christy turlington, because of extensive airbrushing. it says the images were not representative of the results the products could achieve. >>> preparations are underway in texas as tropical storm don churns in the gulf of mexico. don is expected to make landfall in southern texas late friday. beaches are already seeing some strong surf. tropical storm don is packing winds up to 45 miles per hour but is not expected to reach hurricane status. >>> hundreds of ponies hit the auction block this morning. this after the 85th annual cheek teak pony swim. tens of thousands of onlookers came out for the event. the money from the auction will benefit the volunteer fire company. >>> still ahead, it's getting steamy outside. tim williams will have the forecast. first here's a look at the stocks today. ,,,,,,,,,,,, [ man ] did we get anything good? sweetie i think you need a little extra fiber in your diet. fiber makes me sad.
. >>> two ads will not be seeing certain ads in britain because they are misleading. the airbrushed images exaggerated the results of using those make up products. >>> more signs of the economic slowdown. >>> a summer slowdown, a survey by the federal reserve fines that economic growth slowed this summer in eight of its 12 districts. the fed plans high unemployment, we come sales, and a slowdown in manufacturing. the government stopped collecting taxes on airline tickets but most airlines have not lowered ticket prices. the irs wants the airlines to issue refunds that the airlines say they sent the money to the government and the irs to pay. working moms should not feel guilty. their employment often improves chances their kids will be well adjusted especially with girls. the weak economy is taking a bite out of the tooth fairy. kids are now fighting an average of 40 cents less per tooth down from $3 to $2.60. >> that is tough when the tooth fairy is holding back. >> times are tough with the weather. >>> the heat and humidity will make a comeback tomorrow. today is not so great but tomorro
at something this, is a lancome makeup ad featuring julia roberts. looks good. it's been ban in great britain along with christie turling ton because the images were overly air brushed. fair or unfair. talk about that coming up. >>> let's begin on thursday morning with the time ticking away to reach a deal for the debt ceiling. kelli o'donnell is our capitol hill correspondent. good morning to you. >> good morning to you. this is a test of john boehner's leadership. he delivered a blunt message to his own members to get in line. he believes that was more credibility, that was their word, with some of the most conservative members when they retooled their proposal to raise the debt limit and cut spending by going deeper with the cut. and now, after so much talk, that vote comes today. >> reporter: the politics of grid lock hurtles. >> i've had kidney stones that are easier to pass than this. >> reporter: and the prognosis from democrats is dire. >> the speaker's plan is on life support and it's time for him to pull the plug. >> reporter: john boehner claims his debt limit plan has been revised
,,,,,,,,,,,,,, >>> welcome back to "the early show" here on a wednesday morning. coming up, a new tabloid battle in britain. the public and the prime minister taking on the biggest sunday newspaper, the "news of the world" is accused of hacking and tap tampering of phone messages of a missing girl later found murdered. >> authorities want to find out if the alleged hacking hampered the investigation. they are looking into reported police payoff by the newspaper. we go to london for the latest op. the case and we'll speak with hugh grant who had his voice mail hacked by "news of the world." he'll join us later. >>> first president obama meets with congressional leaders to break the log jam over raising the federal debt limit. the president wants a long-term solution for the government's budget problems. >> i've heard reports that there may be some in congress who want to do just enough to make sure that america avoids defaulting on our debt in the short term, but then wants to kick the can down the road when it comes to solving the larger problem of our deficit. i don't share that view. >> joining us this m
to commemorate the 9/11 attack. >>> what britain's prime minister wants done to all media. ,,,,,,,, >>> it is 6:30. mostly sunny. and 87 degrees. good evening, everyone. thanks for staying with wjz. here are some of the stories people are talking about tonight. a judge in london will dig further into the phone hacking scandal that has rocked lond an's moodia empire -- london's media empire. >> reporter: the british judge leading the first public hearings into the phone hacking scandal says he will be demanding evidence from witnesses. >> it may be tempting for a number of people to close ranks and suggest the problem is or was local towards a small group of journalists, then operating "news of the world." >> reporter: brian levinson says they will look into the media's relationship with the public, police and politicians. >> very, very serious. >> reporter: parliament grilled newscorps boss, rupert murdoch last week. >> reporter: the government backed investigation will look into allegations eavesdropping was happening at other media outlets, too. several journalists are on the panel, along wi
and christy turlington have been banned in britain because of it. lindsey mastis has more. >> from "playboy" to "people" magazine, they retouch everything. >> reporter: julia roberts is the definition of beauty. so why would she need to be digital enhanced? dennis at the salon in georgetown says even when he makes a model look perfect with makeup, the picture has to be enhance. >> sometimes lighting effects don't work as well. sometimes removing a shadow. >> reporter: professional photographer chuck bazzio says the same thing. >> it's not shocking, i'm not shocked by this at all. >> reporter: the enhancemented happened on the computer and it's easier than you might think. chuck is woking with $29 program to make me look as good as julia roberts. >> everybody no matter how beautiful they are, can always use a little enhancing in a picture. all right. >> reporter: chuck says his clients have come to expect it even paige cardwell. >> when you know that there's some wrinkles in places and lines in places and they go away, it takes years off and that's nice. but at the same time you didn't chang
, one unique cookie. >>> in just a few days britain's news of the world tabloid will be old news. one of the uk's lonest running newspapers will be shut down amid a controversy over a phone hacking scandal. today as rival newspapers put their own spin on the news, police arrested a former editor clive goodman and another unnamed person who was later reported to buy former editor andy colson who is a former aide to prime minister david cameron. this morning cameron announcing a full public inquiry boo the allegations. >> police investigations can only get you so far. what people really want to know is what happened and how is it allowed to happen. that is why the deputy prime minister and i have agreed that it's right and proper to establish a full, public inquiry to get to the bottom of what happened. >> we're in london and there's a report here, michelle, today that another newspaper is also being investigated? >> that's part of it. it's just in the reported stage right now. we don't have confirmation of that from police. this is a couple of days after these terrible phone hacking al
to show you their coverage. caller: i appreciate that. it exposes us to what is going on in britain, which i think affects us here. we have rupert murdoch controls news of but -- "news of the world," and he controls "wall street journal." it seems to me since he took over "wall street journal," it has kind of slanted, not doing the reporting that it used to do. the other issue i wanted to bring up and i'm wondering if down the road you can do the programming on it, i read that eric cantor in his investment portfolio is betting against the dollar. i don't understand, if you could do research and have somebody do a program about that. if the second highest ranking person in the house, how could you be betting against the dollar in your investment portfolio? i know his wife works for bank of america. but this is crazy. if you guys can look into that and maybe do a program -- and on the 14th amendment, and maybe invite someone to explain to us how the 14th amendment and the 11th amendment, so we can -- mostly i get my information from c-span and if you guys could go back to giving us informati
perform. the concert will be held in britain and proceeds will go to charity. >>> montgomery county residents will get to weigh in on a proposed curfew. the plan calls for teenagers under the age of 18 to be home by 11:00 p.m. sunday through thursday and by midnight on friday to saturday. a final vote is expected in the fall. a public hearing at 1:30 this afternoon at council headquarters in rockville. >>> virginia governor bob mcdonnell will sign a bill requiring emergency vehicles going through intersections to use a flashing lights or sirens. ashley's law was named after a 33-year-old killed in 2008 in mount vernon when a police officer not using a siren drove to red lights and collided with her vehicle. >>> the commonwealth could be the next jurisdiction to pass cayley's law. the new law would require a parent to report to police of their child is missing within 24 hours. a state senator says that he will introduce a bill in the next the legislative session. it is inspired by the casey anthony case. galahs are expected in 30 other states. >>> a-- similar laws are expected in 30
in britain because of it. according to the advertising standards authority, the ads are misleading, lindsey mastis has more. >> from "playboy" to "people" magazine, they retouch everything. >> reporter: why would she need to be digitally enhanced? even when he makes a model look perfect with makeup, the picture has to be enhanced. >> sometimes lighting effects don't work as well. sometimes moving a shadow. >> reporter: professional photographer chuck says the same thing. >> it's not shocking. i'm not shocked by this at all. >> reporter: these ads are for makeup but the enhancements happened on the computer. and it's easier than you might think. take my picture for example. chuck is working with a $29 program to make me look as good as julia roberts. >> everybody no matter how beautiful they are can always use a little enhancing in a picture. all right. >> reporter: chuck says his clients have come to expect it even paige cardwell. >> when you know there's wrinkles and lines in places and then they go away, it takes years off and that's nice. but at the same time you didn't change anything a
ecclestone, the paris hilton of britain who is make a splash on these shores. she will take us on a tour of her new magnificent home. i believe you know the name, you'll see. >>> we go inside the top secret wedding of nick lachey and vanessa mamilo and they will share it with us. >>> we get our '80s on with two pop queens who owned decade, debbie gibson and tiffany, all that coming up and more on "gma." so we made ocean spray cranberry juice cocktail with a splash of lime. it's so refreshing, your taste buds will thank you. mm... oh, you're welcome. what? my taste buds -- they're thanking me. uh-huh. discover customersl are getting five percent cashbackck bonus at the pump... and at many of the places their summer plans take them. it pays to switch, it pays to discover. with less chronic low back pain. imagine living your life with less chronic osteoarthritis pain. imagine you, with less pain. cymbalta can help. cymbalta is a non-narcotic treatment that's fda-approved to manage chronic musculoskeletal pain. one pill a day, every day, can help reduce this pain. tell your doctor right away
natural nourishment for your skin. >>> just ahead they're calling it a new low in britain's tabloid scandal. turns out one of the phones that may have been hacked by "news of the world" belonged to the mother of an 8-year-old murder victim. we'll learn more and hear from members of parliament as they decide whether to bring james murdoch back to ask more questions. >>> dominique dominique strauss-kahn's accuser is speaking out once again. we'll bring that back here on "the early show." stay with us. >> this portion of "the early show" sponsored by travelers, insurance for auto, home and business. [ cat meows ] ♪ is richard, why are you wearing grandpa's jacket? i'm not richard. i'm grandpa smucker. male announcer: tim and richard smucker always looked up to their father and grandfather knowing that one day they too would make the world's best jam. grandpa says it like, i've never tasted anything so delicious! i've never tasted anything so delicious! tim: [ laughing ] you got it! male announcer: for five generations, with a name like smucker's, it has to be good. a network of possi
in britain's phone hacking scandal. james murdoch says international will apologize for hacking. rebecca broke the chief executive and editor of the paper news of the world has now resigned. she will appear for questioning in front of parliament next week and rupert murdoch will also answer questions after first saying they would not. also the director of the fbi is confirming that the bureau is launching a probe after congress raised hacking of 9/11 victims. >>> a fire broke out late last night at holy cross hospital in montgomery county. >> there were evacuation of patients for the latest, we go to sherri ly in silver spring. >> reporter: things are back to normal here this morning. that fire was isolated overnight and quickly put out. but not before causing some very tense moments as smoke filled part of the building. the fire was reported around 11:15 last night on the third floor at the hospital in silver spring. month golly scott emergency fire and rescue happen to have a medic unit at the hospital already bringing patients to the emergency room. they went up to investigate and fo
headline from one of britain's most fam -dad, why are you getting that? -that's my cereal. is there a prize in there? oh, there's a prize, all right. is it a robot? no. is it a jet plane? nope. is it a dinosaur?] [ male announcer ] inside every box of heart healthy cheerios are those great tasting little o's made from carefully selected oats that c help lower cholesterol. stickers? uh-uh. a superhero? ♪ kinda. [ male announcer ] and we think that's the best prize of all. ♪ >>> despite eye a poor jobs report, the highest unemployment rate in six months, some expect the jobless rate to follow through next year. a poll of economists at the top 20 financial institutions show that most expect the unemployment rate to drop below 9% by the end of the year. some economists say it could drop 8.1% by the end of 2012. friday's job report show 18,000 jobs were added in june, raising unemployment to 9.2%. >>> this morning a i new report shows d.c. is on track to be the number one housing market. the real estate firm clear capital says by year's end home prices in the d.c. region will gain one-third
, in the world of business, james murdoch got a thumbs up, reconfirmed as chairman of the board, of britain's satellite network. b sky b, after the company recorded record profits. >> reporter: the news corps corporation was hastily shut down by the murdochs earlier this mongtsd. but a fresh headline is making shocking allegations. that the voice mail of sarah pain was hacked. she is the mother of the little girl who was killed last month by a pedophile. >> murdoch will likely be brought back to london for more questioning. >>> kai is in the newsroom with an unspeakable case of child abuse. >> the family of the girl told police she liked to hide in a container box. but now, four members of that family are locked up, accused of her murder. earlier this month, authorities found the little girl's body inside a little chest. investigators say she was forced to jump into a box for taking a popsicle. then family members spun the box around. the family members say they made up the story to cover up the crime. >> the four people are charged with first-degree murder and child abuse. >>> dramatic vid
has been brought. >> reporter: britain is now the third nato member after france and the u.s. to recognize the rebels known as the transitional national council. britain is expelling gadhafi's representatives from london and requesting the rebels send an ambassador, but now the rebels say they would be okay if moammar gadhafi remains in libya as long as he retires from power. more salt in the wound for nato, the pan-am 103 bomber appeared at a rally in tripoli on tuesday, he was released from a scottish prison because he was supposed to be dying of cancer. lawmakers on capitol hill continue to bristle at not having been consulted about the decision. buck mckeon says he received a last minute call on the eve of the conflict, the president said he wanted to see him in an hour. >> we don't have a plane fast enough to get me back from california to the white house, and the thing is the day before, thursday, was st. patrick's day. and we had a lunch here in the rayburn room with the president, the vice president, the speaker. i shook hands with the president, vice president. and
-year-old tom daley from britain taking the first dive in the new $442 million aquatic center. he recently qualified for his second olympics. london is expected to welcome more than 10,000 athlete frs 200-plus countries, and they'll bring along 10,000 coaches and officials, 20,000 media personnel, and countless visitors. >>> oh, no! boy, is that a large gaffe. >> well, that one hurt. the big lea san diego padre orlando hudson made a little league error last night. he forgot how many outs there were. hudson came over to catch a pop-up hit by ryan roberts, then throws the ball into the stands. nice gesture, but there's just one problem. it was only the second out in the inning. hudson immediately tried to get the ball back, but it was too late. the umpire awarded the base runner on third a walk home, and the diamondbacks went up 4-0 and eventually won the game 6-1. oops. >> he's kicking himself. >>> 5:20. a nationals executive is apologizing this morning for a mental error of a different sort. doug harris, the director of player development for the nats, came under fire after he com
, which is actually a requirement for makeup advertisers in britain. so they can prove that the thing actually works. >>> the number of people who are seeking unemployment benefits dropped last week to the lowest level since early april. cnbc's seema mody joins with more on that and the rest of the day's business headlines. good morning. >> very good morning to you. stocks wavering as investors weighed an unexpected improvement in jobless claim numbers against the lingering threat of a u.s. credit downgrade. while the jobs market remains sluggish, the latest data on weekly initial jobless claims offered a glimmer of hope for investors. initial claims ticked down by 24,000 to 398,000 in the week ending july 23rd from a revised 422 k in the previous week. a bill to cut the u.s. deficit faces a nail-biting closed vote in congress on thursday as a top republican lawmaker fought to quell an internal debate. economic sentiment in the euro zone worsened more than expected this month with optimism fading in all sectors, data showed on thursday morning, signaling slower expansion of the econom
. the magnificent gown kate middleton wore when she became the wife of britain's prince william. now record-setting crowds are taking a peek early this saturday morning, july 23, 2011. captioning funded by cbs >>> welcome to an already steaming new york city this saturday morning. 108 degrees today. ugh. i'm russ mitchell. >> i'm rebecca jarvis. it hits you like a brick wall out there. we're going to be joined by new york mayor bloomberg. he will be with us to discuss the first gay marriages to take place here in new york tomorrow. for him, it's personal. he'll be officiating two of his top aides who are getting married tomorrow. all three will be joining us coming up a little later in the program. >> we're going to begin with fire in a youth camp, killing at least 84 people. cbs news correspondent jeff glor is in oslo with the latest. jeff, good morning. >>> russ, good morning to you. norway woke to the full scope of this tragedy. today as the death toll rose dramatically overnight. many of the deaths as you mention at a campground 60 miles north of here. >> 600 kids on this small island.
wedding in britain? the queen's eldest granddaughter is getting married this weekend in what will probably be a more down to earth affair. the latest on that ceremony from scotland coming up. >>> are you ready to return to the '80s? >> i still live in the '80s. >> we're really going to take you back because we have one of the most popular bands of all time standing by for a big summer concert. >> journey out on the plaza. they're going to be performing on what is a stage that is still drying out from overnight rain. we're happy about that. see them in our 8:30 half hour. >>> let's begin with the debt ceiling crisis in washington. kelly o'donnell has been covering this story. she's got the latest this morning. kelly, good morning. >> good morning, ann. from delayed to potentially derailed, is that where we are this morning? hours and hours went by overnight when house speaker john boehner and his leadership team were trying to get a handful of their own members to go along, to come together on a solution to raise the debt ceiling and to cut spending. but they are nowhere. so now we know tha
? >> you know what, it's a big thing for me, especially when i put that vest on. have the great britain supporters behind me. i'm excited. >> reporter: less than an hour away the american invasion has already begun. the white water center, home of the kayak and canoe event. when you look at this course and think a year out, what fires you up? >> i love this course. it's big white water, americans historically are good at white water. >> reporter: to test the waters and put one of the lead appreciated works to ourselves, brent kyle invited a novice on board. your best advice is what? >> the less you do, the better we are. >> the less i do the better we are? >> yes. >> appreciate that vote of confidence. come on! oh, boy! oh! oh, boy. the real celebrations are still to come in a city that embraces the majesty of the old and the excitement of the new. >> we will do it in a way that we believe is spectacular and it will be spectacular. it's going to be great for the world to watch. it's going to be great for our children to watch. it's going to be exciting. ♪ >> reporter: that white water
's a fascinating story. the murdochs basically drew a line in the sand at the hearings in britain a couple days ago. there's a lot of terrible things going on, a lot of people are culpable, but we didn't know about it. they did a good job i thought. the problem with the story, it's got to stand up. if it stands up, they escape. if it doesn't, they're in big trouble. some of the executives blamed, are saying, hey, we told james murdoch, james murdoch didn't understand why they paid people off, he was new at the job, he agreed to go along with it. the legal manager and the former editor of the "news of the world," two very senior executives at news international have issued aut!ñ statement say that's not true, we actually briefed him in detail on, he knew exactly what was happening. it's not clear if that's the sort of start or trend and people are concerned and say the murdochs got it all wrong and they were lying basically to parliament, then they're in big trouble. >> with all you know and your experience, you working in the community, do the murdoch statements align with what you've heard about
the top of the hour. a couple headlines. new twist in the scandal surrounding newspapers in britain owned by news international today. former prime minister gordon brown accused the sunday times of hiring criminals to obtain confidential information about his private life by hacking into his bank account. news international is owned by news corp., the parent company of fox news. >>> and new video of riots in ireland that injured 22 police officers, catholics and protestants took to the streets with petro bombs and bricks. protestants were celebrating the battle victory over catholics. >>> brian, back to you. >> brian: talks resume today, congress about to go into a meeting in about ten minutes. but before she goes to that meeting, to her caucus, kathy mcmorris rogers, vice chairmanwoman of the house republican conference joins us now. congresswoman, in your estimation, the republicans have won the first -- for the first time in years, won the women's vote this time. why did they? >> the reason that the republicans won the women's vote is because women all across this country saw where pre
falls through. but a publisher in britain says it was still expected to publish the book. coming up, we continue our discussion about the debt talks. president obama is meeting with congressional leadership today at the white house. we have a senator coming up, a republican from mississippi, senator roger wicker, but up next, one of the leaders in the house on the democratic side, xavier bacerra. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> who is really going to be going to get fired up over nancy pelosi or john boehner? they are proxies' or shorthands for the incredibly narrow range of choice that we have in an elected officials. >> in "the declaration of independents." reason deede's nick gillespie takes on the two-party system and possible libertarian solutions. sunday night on "q&a." >> this weekend on book tv on c- span2, is everything you know about the ok corral wrong? jeff guinn tells a different story. on "after words," charles hill looks at the long war of islamism against the state system. and foreign min
is about as american as apple pie but some magazine ads have been banned in britain because of too much air brushing. cbs news correspondent elizabeth palmer has this report from london. >> reporter: beautiful in real life, but on the page perfect. thanks to a bit of air brushing. these ads for loreal feature julia roberts and christi turlington say whatever the before, loreal's makeup could never feature an after. >> it was prying to pretend the product would do something it wouldn't. >> reporter: air brushing and enhancement is key to advertising, almost every photo especially for fashion and cosmetics is retouched somehow. occasionally an uproar like this cover of kate winslet in 2003, paired away a few pounds and most of her curves. wincelet is an unspoken critic of unrealistic public images of women. >> young women in the world today who think that to be successful and to be loved and to be beautiful you have to be thin. now, that's just absurd. >> reporter: but the issue for advertising watchdogs has been where do you draw the line? advertisers are selling fantasy, not reality. they a
. a controversial in vitro lottery will launch in britain giving protective parents winning thousands of dollars towards expensive fertility treatment. tickets of the so-called game will be sold online, and every month. some are now calling the lottery wrong and entirely inappropriate. and this isn't your average invitation, a marine asked mila kuhnous out on a date from afghanistan. >> and just want to one thing i'd like to ask you, like you, on november 18th, from greenville, north carolina with yours truly. take a second, think about it, get back to me. >> wow, the sergeant's got more of the 3rd battalion, 2nd marines posted this on youtube and we don't know if she's watched it yet. no word on her response. those are your headlines. now, time for the 7th annual wounded warrior, injured troops in afghanistan gathered and everything from scuba diving, kayaking, water skiing and more. rick reichmuth is trying to keep up. >> exactly the 7th year this event has been doing on and joined by will parker, you lost your leg on may 31st, i think may 31st and that's a few weeks ago. >> yeah, about four o
. host: how are tabloid journalists viewed in britain, coming from somebody who is a broad sheet reporter? is it "the new york times," "the national enquirer" -- guest: that is a good comparison. tabloid journalists rank as the least trusted people in the country. host: thanks for being with us. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] 2011. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 5, 2011, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event will we continue past 11:50 a.m. the chair recognizes the gentleman from texas, mr. poe, for five minutes. mr. poe:
you elaborate on that? >> in great britain a few years ago, they undertook a social security reform and they actually had a white paper study on what they should do. they concluded that it would be useful to try to increase private savings at the same time as they did social security reform. it increased benefits in the public system, but even there, they decided that was not enough. to really help people, we really needed to build the private pension savings. if you look at the private pension system, it covers fairly poorly most of the population. i have not quite updated it, but it says that for 75% of people that retire, social security and medicare is in excess of all of their private assets. we have a larger extent of the population dependent upon social security and medicare. how do we deal with it? one way we do what it is be tried to increase some of those cash benefits for lower and moderate income people. from the middle-income people, i do not think we can get thereby adding to a system that is out of balance. we need to recognize that private retirement system is not do
Search Results 0 to 34 of about 35 (some duplicates have been removed)